Brazil

Wednesday, March 7th 2007 - 21:00 UTC
Brazil on course to a more flexible monetary policy

Brazil's Central Bank on Wednesday cut the basic reference interest rate Selic by 25 points to 12.75%, in line with market expectations and government promises of a more flexible monetary policy
Tuesday, March 6th 2007 - 21:00 UTC
Petrobras and Japan sign bio-fuels memorandum

Brazil's government managed oil company Petrobras and the Japan Bank for International Cooperation signed Monday in Rio do Janeiro a memorandum of understanding on bio-fuels announced Monday, Petrobras.
Tuesday, March 6th 2007 - 21:00 UTC
Only trade and biofuels in the Lula da Silva/Bush agenda

Brazilian President Luiz Inácio Lula da Silva said Monday that during his meeting next Friday with United States President George W. Bush he does not intend to talk about Venezuela, but about trade and biofuels.
Sunday, March 4th 2007 - 21:00 UTC
Lula da Silva/Bush expected to sign biofuels agreement

The world's two top ethanol producers, United States and Brazil, announced the creation of an international forum to help turn biofuels into a globally traded commodity, just days before the two countries are expected to sign a separate agreement promoting the industry across the Western Hemisphere.
Thursday, March 1st 2007 - 21:00 UTC
Brazil grows 2.9%; reserves reach record 100 billion

Brazil's economy expanded 2.9% last year compared to 2.35% in 2005 according to the latest official release on Wednesday. In the fourth quarter GDP increased 1.1% over the third quarter and 3.8% over the same period in 2005, reported the Brazilian Institute of Geography and Statistics.
Thursday, March 1st 2007 - 21:00 UTC
Bush's visit: Brazil proclaims itself South America's speaker

Brazil would like to see the current relation with United States become something positive for South America and expects that Washington's renewed interest in the hemisphere is based on cooperation and not in the old “intervention” style, said Friday Brazilian Foreign Affairs minister Celso Amorim.
Tuesday, February 27th 2007 - 21:00 UTC
U.S., Brazil should lead bio-fuel plan

Our hemisphere has major oil exporters, such as Canada, Mexico and Venezuela; and oil importers, such as the United States, Chile, Uruguay and nearly all the smaller countries in Central America and the Caribbean.
Tuesday, February 27th 2007 - 21:00 UTC
Repsol looking for another shareholder for the YPF branch

Repsol YPF chairman Antoni Brufau on announcing Tuesday the discovery in Libya of its largest ever oil field and lower profits in 2006, admitted that the company was looking for another shareholder for its Argentine branch YPF.
Monday, February 26th 2007 - 21:00 UTC
Russia's gas giant and Petrobras sign cooperation accord

Gazprom and Brazilian oil company Petrobras have signed last week an agreement on hydrocarbon cooperation, the Russian energy giant revealed in a news release Monday.
Saturday, February 24th 2007 - 20:00 UTC
Guess who's coming to Uruguay? And a week later?

Brazilian president Luiz Inacio Lula da Silva will be arriving Monday for a one day fence mending visit to Uruguay where together with President Tabare Vazquez they will be addressing an agenda with several controversial issues